Showing 21-30 of 71 results
-
Another shockwave for real property
Business, Lawalliance Limited Company, Published on 01/11/2016
» It is undeniable that real property has taken the biggest hit from the tax policies of the current military government. The new gift and inheritance taxes focus on real property, while the new property tax is designed to correct the flaws of the House and Land Tax Act and to collect more revenue from properties used for commercial purposes as well as unused properties. The latter tax is expected to generate huge sums for the government.
-
Taxing the giants of the digital economy
Business, Lawalliance Limited Company, Published on 04/10/2016
» As digital networks continue their relentless march, tax authorities are becoming equally determined to ensure that the new giants of 21st century business pay their fair share of taxes. Recent examples include the agreement by Google to pay tax of £130 million retrospectively to the UK government, and the European Commission's order that Ireland collect record-breaking back taxes of US$14.5 billion from Apple. Even Indonesia started a tax investigation into Google last month.
-
How does the Panama leak affect you?
Business, Lawalliance Limited Company, Published on 19/04/2016
» If not for the Songkran festival, the news that 16 Thai names were on the infamous Panama Papers list might have got more attention. However, more worrisome is the Offshore Leaks Database, first released by the International Consortium of Investigative Journalists in 2013. It exposes the names of more than 750 Thailand-based people and entities, Thai and foreign, that are or have been connected with offshore tax-planning structures, mostly in the British Virgin Islands and Panama.
-
E-payment and bank secrecy: what's next
Business, Lawalliance Limited Company, Published on 17/05/2016
» It has long been understood that a taxpayer has the right to a contractual arrangement that will allow him or her to incur the lowest tax cost where possible. Nothing in past constitutions or the new draft requires Thai nationals to choose a transaction that would expose the parties to the heaviest tax burden, as long as the transaction is within the law.
-
New tax incentives aimed at summer spending sprees
Business, Lawalliance Limited Company, Published on 05/04/2016
» Once again, Thailand's hot summer has become the season for tax incentives. So much legislation has been coming out lately that it's difficult for taxpayers to ensure timely and accurate compliance.
-
When will a liquidator be released from tax liability?
Business, Lawalliance Limited Company, Published on 26/01/2016
» When a life ends, whether that of a person or a business, it does not mean tax liability will also end. Dissolution and liquidation of a company are part of many corporate reorganisations, and in our experience this often requires the liquidator to make a speedy distribution of cash and other assets to shareholders. Thus, it is necessary for the liquidator to understand what he has got himself into.
-
The government's tax amnesty scheme: Is it the real deal?
Business, Lawalliance Limited Company, Published on 12/01/2016
» Many small businesses had something extra to celebrate at the New Year with the surprise announcement of a tax amnesty scheme. “Amnesty” is a word the director-general of the Revenue Department refused to use in a recent interview, stressing anyone breaching the conditions could face an investigation later. Given the broad scope of the law, all small and medium-sized enterprises (SMEs) must understand what is involved.
-
What is contained in the Thai-Irish Double Taxation Treaty?
Business, Lawalliance Limited Company, Published on 29/12/2015
» Many of you may be busy this week spending 15,000 baht to qualify for the government's "gift" of tax savings before Dec 31. Overlooked in the holiday rush by all but a few businesses may be another important gift from the government -- a tax treaty between Thailand and Ireland.
-
Significant changes in the new Thai-Singaporean tax treaty
Business, Lawalliance Limited Company, Published on 15/12/2015
» Ever since Thailand and Singapore signed a new double-taxation treaty on June 11, numerous publications have provided outlines of what has changed from the original treaty that has been in effect for 40 years.
-
New transfer pricing rule getting needed adjustment
Business, Lawalliance Limited Company, Published on 01/12/2015
» Looking back at tax developments over the past year, we've seen some promising incentives granted by the government and other developments that have caused taxpayer anxiety.
Your recent history
-
Recently searched
-
Recently viewed links